Mkt is very volatile today ! I really finding difficult to read the market now ! Cash going negative but FKLI very bullish !
Monday, July 21, 2008
11:10 am - FKLI at this moment is rangebound
Despite selldown by cash market, FKLI remain in the premium.
9:52 am - FKLI projection low @ 1010 for next few months
Projection low for FKLI @ 161.8% is at 1010 if FKLI does trend further down !
8:58 am - DJIA maybe face No Demand tonite !
High volume but small body for last Friday DJIA closing.
8:53 am - FKLI move up in tandem with DJIA higher closing !
FKLI will grativate to daily pivot 1103.
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